PATTERNS: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
PATTERNS
Largest movements
- Cash -€1.6m
down €1.6m (-48.4%), from €3.3m to €1.7m
mainly Investment in fixed assets (net) (-€1.5m) and Net result for the year (-€35,172)
- Tangible fixed assets +€1.5m
up €1.5m (+216.0%), from €708,149 to €2.2m
of which Land and buildings: +€1.5m
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€8,174
down €8,174 (-45.4%), from -€18,022 to -€26,195
- Depreciation +€2,058
up €2,058 (+111.1%), from €1,852 to €3,910
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,983,788 | €3,925,965 | -€57,823 | -1.5% |
| Fixed assets | 21/28 | €708,149 | €2,237,524 | +€1.5m | +216.0% |
| Tangible fixed assets | 22/27 | €708,149 | €2,237,524 | +€1.5m | +216.0% |
| Land and buildings | 22 | €705,948 | €2,224,775 | +€1.5m | +215.1% |
| Furniture and vehicles | 24 | €2,201 | €12,749 | +€10,548 | +479.2% |
| Current assets | 29/58 | €3,275,639 | €1,688,441 | -€1.6m | -48.5% |
| Amounts receivable within one year | 40/41 | €1,177 | €0 | -€1,177 | -100.0% |
| Trade receivables | 40 | €41 | €0 | -€41 | -100.0% |
| Other amounts receivable | 41 | €1,135 | €0 | -€1,135 | -100.0% |
| Cash at bank and in hand | 54/58 | €3,274,301 | €1,688,441 | -€1.6m | -48.4% |
| Deferred charges and accrued income | 490/1 | €162 | €0 | -€162 | -100.0% |
| Total equity and liabilities | 10/49 | €3,983,788 | €3,925,965 | -€57,823 | -1.5% |
| Equity | 10/15 | -€920,283 | -€955,455 | -€35,172 | -3.8% |
| Contributions | 10/11 | €768,550 | €768,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,688,833 | -€1,724,005 | -€35,172 | -2.1% |
| Amounts payable | 17/49 | €4,904,071 | €4,881,420 | -€22,651 | -0.5% |
| Amounts payable after more than one year | 17 | €4,897,128 | €4,873,515 | -€23,613 | -0.5% |
| Other amounts payable | 178/9 | €4,897,128 | €4,873,515 | -€23,613 | -0.5% |
| Amounts payable within one year | 42/48 | €4,928 | €5,628 | +€700 | +14.2% |
| Trade debts | 44 | €4,155 | €5,513 | +€1,358 | +32.7% |
| Suppliers | 440/4 | €4,155 | €5,513 | +€1,358 | +32.7% |
| Taxes, remuneration and social security | 45 | €99 | €100 | +€2 | +1.8% |
| Taxes | 450/3 | €99 | €100 | +€2 | +1.8% |
| Other amounts payable | 47/48 | €674 | €14 | -€660 | -97.9% |
| Accrued charges and deferred income | 492/3 | €2,015 | €2,278 | +€262 | +13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,852 | €3,910 | +€2,058 | +111.1% |
| Other operating charges | 640/8 | €4,718 | €4,828 | +€110 | +2.3% |
| Gross operating margin | 9900 | -€18,022 | -€26,195 | -€8,174 | -45.4% |
| Operating profit (loss) | 9901 | -€24,592 | -€34,933 | -€10,341 | -42.1% |
| Financial charges | 65/66B | €151 | €139 | -€12 | -8.1% |
| Recurring financial charges | 65 | €151 | €139 | -€12 | -8.1% |
| Profit (loss) for the period before taxes | 9903 | -€24,743 | -€35,072 | -€10,329 | -41.7% |
| Income taxes | 67/77 | €99 | €100 | +€2 | +1.8% |
| Profit (loss) for the period | 9904 | -€24,841 | -€35,172 | -€10,331 | -41.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,841 | -€35,172 | -€10,331 | -41.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.